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Fireblocks launches Web3 startup toolkit amid a surge in new ventures

Fireblocks launches Web3 startup toolkit amid a surge in new ventures

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Source: Coin Telegraph

The number of startups using the Web3 platform has already increased by some 50%, according to Fireblocks.

Fireblocks, the Web3 infrastructure platform, launched a suite of tools specifically designed for startups amid a proliferation of early-stage blockchain ventures, according to a July 25 press release. 

The toolkit — Fireblocks for Startups — is designed to help startups quickly build and launch Web3 products and includes solutions for treasury management, self-custody, private key storage, and secure digital asset transfers, the company said.

“The short history of crypto shows that successful projects — whether crypto exchanges, DeFi bridges, or NFT platforms — go through periods of hypergrowth during market upswings, with development teams focused solely on maintaining front-end stability while neglecting security in the process,” Idan Ofrat, Co-founder & Chief Product Officer of Fireblocks, said in a statement.

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Author: Alex O’Donnell